Question

Bessie’s Quilting Company reported the following amounts on its balance sheet at December 31, 2010:

Cash............... $ 5,000
Accounts receivable, net...... 40,000
Inventory............ 35,000
Equipment, net ........... 120,000
Total assets ............ $ 200,000

Perform a vertical analysis of the assets of Bessie’s Quilting Company. Use total assets as the base. What information does the analysis provide?



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  • CreatedSeptember 01, 2014
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